Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc. > Suncor is doomed????

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Comment by Chris007on Jul 02, 2021 2:45am

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Post# 33480851

RE:RE:RE:RE:RE:Suncor is doomed????

A triple of the dividend, followed by 8% growth for 10 years?

.84 x 3 = $2.52

2.52 x 1.08¹⁰ = $5.44 per share

Indeed, probably not possible, unless oil prices stay perpetually high...

If he only raised the current dividend by 8% a year for 10 years, that is very much possible.

0.84 x 1.08¹⁰ = $1.81

Tommy123 wrote: 8% a year? I dont think that's possible lol.

Transat500 wrote: In a second move: confirm dividends will be raise minimum 8 % per year for next ten years.

Just name me CEO.

SP will no more be boring.